Skip to content
ZipNumbers

Minnesota · Census place 29474

Hoffman city, MN

Quick answer

Hoffman city has 708 residents, ranking #425 of 914 places in Minnesota. Median household income is $47,000, the median home is worth $127,700 and median gross rent runs $750 a month.

Population
708Hoffman city residents
Median household income
$47,000Past 12 months, inflation adjusted
Median home value
$127,700Owner-occupied units
Median gross rent
$750Rent plus utilities, monthly
Median age
34.8 yrsAll residents
Homeownership rate
61.5%Owner-occupied households

What the numbers mean in Hoffman city

Housing cost measured against local earnings.

A household earning the Hoffman city median would spend about 19.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.4% of residents and 61.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Compare with nearby places

Places of similar size in Minnesota.

More Minnesota coverage.